7/11/2018 8:05:00 AM/Categories: Popular Posts, General News, Today's Top 5, People in Ag, Livestock, Grains, National News, International
The White House on Tuesday said it would assess 10% tariffs on a further $200 billion in Chinese goods, but they won't take effect for at least two months, giving time for public comment.
The new round of tariffs comes on top of two others ($34 billion which went into effect Friday and another $16 billion to follow). President Trump’s latest action will hit consumer products such as televisions, clothing, bedsheets and air conditioners, which were spared from the first import levies on Friday. Tuesday’s announcement included a 205-page public notice and list of the individual products that could be hit by the new 10% tariffs.
President Trump asked the U.S. Trade Representative (USTR) on June 18 to consider an additional $200 billion in tariffs after China said it would pursue retaliation if the U.S. made good on its threat of duties on Chinese imports.
USTR said Tuesday it will hold public hearings August 20-23 on the products and goods it proposes to impose tariffs on. A final decision on the tariffs will be made after August 30.
China reacted angrily, calling the move a “totally unacceptable” escalation and vowing to roll out unspecified countermeasures.
DTN's Washington Insider
Recently, at the conclusion of the 2018 Montana 4-H Congress held on the campus of Montana State University a new batch of 4-H Ambassadors was announced.
Great Falls, Mont.— Governor Steve Bullock recently announced the appointment of two new directors to the Montana Wheat and Barley Committee (MWBC). Adam Carney of Scobey, will replace District 1 Director Buzz Mattelin of Culbertson, while Charlie Bumgarner of Belt, will replace District 5 Director Bruce Myllymaki of Stanford. Both Mattelin and Myllymaki are termed out, having served on the committee for 9 years.